Embridge

Enbridge is the third largest pipeline company operating in the US (by revenue), and is ranked #343 on the Fortune 500 for 2008. It took in $250 million in 2007 profits. Enbridge operates in Canada and the US and is the world's longest crude oil and liquid petroleum pipeline system. The company owns and operates Enbridge Pipelines Inc. and a variety of affiliated pipelines in Canada. It also has an 11% interest in Enbridge Energy Partners, L.P., a publicly-traded master limited partnership and a leader in energy transportation in the Mid-Continent and Gulf Coast regions of the US. Enbridge is also the sponsor and manager of the Enbridge Income Fund.

=Pipeline Expansions= Enbridge is proposing a number of expansion projects “to help address current and future increases in refinery demand as supply from western Canada's vast oil sands increases.” It is doing so with a tremendous amount of private bank support. 


 * Southern Access, an expansion and extension of Enbridge’s existing pipeline system, including pump station modifications in Alberta, Saskatchewan and Manitoba and new pipeline in Wisconsin and Illinois, to increase crude oil capacity to Midwest refineries and beyond.
 * Alberta Clipper, a new crude oil pipeline from Alberta to Superior, Wis. to increase capacity of the Enbridge system by 450,000 barrels per day (bpd) and later be expandable up to 800,000 bpd.
 * North Dakota System Expansion Phase 6, an expansion of the North Dakota System, referred to as NDSE6, will increase pipeline capacity from 110,000 bpd to approximately 161,600 bpd of delivery capacity into the Enbridge Clearbrook Terminal Facility in Clearbrook, Minn. NDSE6 is scheduled to be complete in early 2010.
 * Southern Lights, a liquid petroleum pipeline from Chicago through Wisconsin, Minnesota and North Dakota to transport light hydrocarbons, or "diluents" to the Canadian oil sands area of Alberta. The project also involves the LSr Project, which will construct a 20-inch crude oil pipeline from Cromer, Manitoba, to Clearbrook, Minn., to replace the capacity of an existing Enbridge pipeline that will be reversed to transport diluent.